CHAPTER 15 Flashcards
THE MARKETING ENVIRONMENT - Recognize the (potential) influence of the immediate environment on an organization - Interpret the (potential) influence of the external environment on an organization - Understand environmental scanning for an industry or company
It’s important to look beyond the _______ to the elements in the marketing ________ that can directly or indirectly affect a marketer’s strategy.
product, environment
It is vital that a marketer not only have _______ of these forces ( forces in the immediate environment and the external environment that can create threats or opportunities for companies) to respond to them but to also _______ research them and strategize.
awareness, proactively
What should a marketer proactively research?
forces in the immediate environment and the external environment that can create threats or opportunities for companies
What two types of forces can create threats or opportunities for companies?
forces in the immediate environment and external environment
forces in the immediate environment and the external environment that can create ________ or _________ for companies
threats, opportunities
Those marketers who have a proactive ______ can gain a competitive advantage.
strategy
Why should marketers have a proactive strategy?
to gain a competitive advantage